Business

Economy returns to growth, but recovery remains uneven

Botswana's economy returned to growth in the first quarter of 2026, ending two years of contraction as diamond-related activity and electricity production rebounded. But...
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BURS rolls out sweeping tax law overhaul

The country’s tax system has undergone its biggest overhaul in decades after the Botswana Unified Revenue Service (BURS) implemented a raft of new tax...
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De Beers sale nears finish line 

The long-running uncertainty surrounding the future ownership of De Beers could soon come to an end, with the diamond giant's chief executive indicating that...
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Botswana power imports plunge as local generation hits record

Botswana sharply reduced its dependence on imported electricity in the first quarter of 2026 after local power generation surged to its highest level on...
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Two-month BMC payment delays test Boko’s beef reforms

Two months after delivering cattle to the Botswana Meat Commission (BMC), a growing number of farmers in Ngamiland are still waiting to be paid,...
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G4S cuts losses, but turnaround remains unfinished

G4S Botswana's latest financial results suggest the security firm has moved beyond crisis management and into the early stages of recovery. But despite a...
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Economy tipped for recovery after weathering prolonged mining downturn

Botswana's economy is expected to return to growth this year after enduring two consecutive years of contraction, with the Bank of Botswana projecting a...
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Diamond slump exposes need to rebuild forex reserves

Botswana must urgently rebuild its foreign exchange reserves after a prolonged downturn in the diamond industry exposed the country's vulnerability to external shocks, the...
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BoB Governor: Botswana can’t wait for diamonds to recover

Bank of Botswana Governor Lesego Moseki has warned that Botswana must accelerate economic reforms rather than wait for a recovery in the diamond market,...
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Central Bank swells cash holdings in strategic reserve shift

The Bank of Botswana substantially increased its cash holdings in 2025, prioritising liquidity management as realised investment gains and foreign-exchange trading profits helped cushion...
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